Taiwanese e-commerce platform KKday yesterday inked a memorandum of understanding with European train ticket vendor Rail Europe Inc to promote rail travel in Europe.
KKday.com International Co (酷遊天) founder and chief executive officer Ming Chen (陳明明) said that he appreciated the opportunity to work with Rail Europe and he is positive travel growth momentum in Europe would continue next year.
The European travel market had a 60 percent surge in the first nine months of this year from the same period in 2019 before the COVID-19 pandemic, Chen said.
Photo: Ting Yi, Taipei Times
The two sides agreed to focus on product and technology integration, market promotion, passenger experience enhancement and exploration of innovative services.
“The objective of this collaboration is to inspire a deeper exploration of Europe among Asian travelers,” Chen said.
KKday plans to utilize its platform to draw more travel industry partners and enlarge Rail Europe’s customer base, he said.
Rail Europe president and CEO Bjorn Bender said that his visit to Asia has enabled him to gain a better understanding of the region’s diverse markets.
In the post-pandemic era, people have displayed a keen desire to travel and many would opt for train travel to avoid unnecessary flights and help reduce carbon emissions, Bender said.
The company hopes the partnership with KKday would establish an all-in-one platform for travelers and the travel industry that would provide a wide array of products spanning 33 European countries, and more than 150 European rail brands and routes, he said.
Merida Industry Co (美利達) has seen signs of recovery in the US and European markets this year, as customers are gradually depleting their inventories, the bicycle maker told shareholders yesterday. Given robust growth in new orders at its Taiwanese factory, coupled with its subsidiaries’ improving performance, Merida said it remains confident about the bicycle market’s prospects and expects steady growth in its core business this year. CAUTION ON CHINA However, the company must handle the Chinese market with great caution, as sales of road bikes there have declined significantly, affecting its revenue and profitability, Merida said in a statement, adding that it would
MARKET LEADERSHIP: Investors are flocking to Nvidia, drawn by the company’s long-term fundamntals, dominant position in the AI sector, and pricing and margin power Two years after Nvidia Corp made history by becoming the first chipmaker to achieve a US$1 trillion market capitalization, an even more remarkable milestone is within its grasp: becoming the first company to reach US$4 trillion. After the emergence of China’s DeepSeek (深度求索) sent the stock plunging earlier this year and stoked concerns that outlays on artificial intelligence (AI) infrastructure were set to slow, Nvidia shares have rallied back to a record. The company’s biggest customers remain full steam ahead on spending, much of which is flowing to its computing systems. Microsoft Corp, Meta Platforms Inc, Amazon.com Inc and Alphabet Inc are
RISING: Strong exports, and life insurance companies’ efforts to manage currency risks indicates the NT dollar would eventually pass the 29 level, an expert said The New Taiwan dollar yesterday rallied to its strongest in three years amid inflows to the nation’s stock market and broad-based weakness in the US dollar. Exporter sales of the US currency and a repatriation of funds from local asset managers also played a role, said two traders, who asked not to be identified as they were not authorized to speak publicly. State-owned banks were seen buying the greenback yesterday, but only at a moderate scale, the traders said. The local currency gained 0.77 percent, outperforming almost all of its Asian peers, to close at NT$29.165 per US dollar in Taipei trading yesterday. The
The US overtaking China as Taiwan’s top export destination could boost industrial development and wage growth, given the US is a high-income economy, an economist said yesterday. However, Taiwan still needs to diversify its export markets due to the unpredictability of US President Donald Trump’s administration, said Chiou Jiunn-rong (邱俊榮), an economics professor at National Central University. Taiwan’s exports soared to a record US$51.74 billion last month, driven by strong demand for artificial intelligence (AI) products and continued orders, with information and communication technology (ICT) and audio/video products leading all sectors. The US reclaimed its position as Taiwan’s top export market, accounting for
RSS